Angular Geared Motors Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.8 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The global Angular Geared Motors market was valued at approximately USD 1.5 billion in 2022. With a compound annual growth rate (CAGR) of 5.6% projected from 2023 to 2028, the market is expected to reach around USD 2.1 billion by the end of the forecast period. This growth is attributed to increasing automation across various industries, including manufacturing, automotive, and robotics, where angular geared motors are essential for precise and reliable motion control. Additionally, the rising demand for energy-efficient solutions and advancements in motor technology are driving market expansion.
Opportunity analysis reveals significant growth potential in emerging markets such as Asia-Pacific, where rapid industrialization and infrastructural developments are propelling demand for angular geared motors. The increasing focus on enhancing industrial efficiency and the adoption of smart manufacturing processes are expected to further boost market opportunities. Furthermore, advancements in IoT and smart technology integration in industrial applications are creating new avenues for market growth, offering companies the chance to expand their product offerings and capture a larger market share.
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Sumitomo Heavy Industries
TECO
SEW-Eurodrive
Siemens
Regal Rexnord
WEG
Getriebebau NORD
Dana
ABB
Transtecno (Interpump Group)
Bonfiglioli
Demag (konecranes)
I-Mak
Nara Samyang Reduction Gear
ITO-Production
KEB
Tecnon
Superior Gearbox Company
Diequa
STOBER
Zhejiang Tongli Heavy Gear
Premium Transmission
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Angular Geared Motors Market
Food and Beverages
Packaging
Chemical Industry
Pharmaceutical
Others
Based on Types the Market is categorized into Below types that held the largest Angular Geared Motors market share In 2023.
Hollow Shaft
Solid Shaft
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Angular Geared Motors Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Angular Geared Motors Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Angular Geared Motors Market, By Type
6. Global Angular Geared Motors Market, By Application
7. Global Angular Geared Motors Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Angular Geared Motors Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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